MintDice Bitcoin Casino - SportsBook & Provably Fair Games - page 22.

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Quote from: veleten on December 09, 2019, 06:24:20 AM

Quote from: leea-1334 on December 09, 2019, 05:38:32 AM

Quote from: adaseb on December 09, 2019, 01:39:38 AM

Being an affiliate marketer for a bitcoin casino and being a bankroll investor are basically 2 completely different forms of profit. Usually a person does one or the other and not both.

Not only that. One means investing time and effort, one means investing actual money. I would say the risk is far far bigger in the bankroll investing.

I have had experience in this, and when profits are good, you benefit, but you have to be patient to allow losses to recover because there will always be times when players win big against the casino. But you are right you have to absolutely place trust, if you even have one doubt, do not invest. Keeping money in someone else's pocket is bad enough as a risk but with no insurance whatsoever?

actually , not true ( the bolded statement ) - I do both on one of the casinos , it is not something either or
if you are an affiliate marketer , you bring players to a site and can earn from their commission at the same time profiting from the bankroll investment as well
and reinvesting your commission into bankroll is a good idea because you are gambling with a house advantage on your side
I used to promote other casinos as well but they do not offer investments , or I would have done the same there
it is a matter if you trust this particular casino to make profit for you as an investor and be ready to keep your coins locked for a long period of time
you got to have enough liquidity to be able to spend money on ads and not withdraw your profit immediately

+1 to this. If you are an investor you would really think off this way on where you do benefit out on both things but youve been thinking mainly with your
on sites investment yet you are willing to spend those money on playing to the site rather than keeping or saving up those referral earnings.
We know that sites returns arent really that big thats why i wont consider that kind of option in my part.

veleten

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Quote from: leea-1334 on December 09, 2019, 05:38:32 AM

Quote from: adaseb on December 09, 2019, 01:39:38 AM

Being an affiliate marketer for a bitcoin casino and being a bankroll investor are basically 2 completely different forms of profit. Usually a person does one or the other and not both.

Not only that. One means investing time and effort, one means investing actual money. I would say the risk is far far bigger in the bankroll investing.

I have had experience in this, and when profits are good, you benefit, but you have to be patient to allow losses to recover because there will always be times when players win big against the casino. But you are right you have to absolutely place trust, if you even have one doubt, do not invest. Keeping money in someone else's pocket is bad enough as a risk but with no insurance whatsoever?

actually , not true ( the bolded statement ) - I do both on one of the casinos , it is not something either or
if you are an affiliate marketer , you bring players to a site and can earn from their commission at the same time profiting from the bankroll investment as well
and reinvesting your commission into bankroll is a good idea because you are gambling with a house advantage on your side
I used to promote other casinos as well but they do not offer investments , or I would have done the same there
it is a matter if you trust this particular casino to make profit for you as an investor and be ready to keep your coins locked for a long period of time
you got to have enough liquidity to be able to spend money on ads and not withdraw your profit immediately

leea-1334

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Quote from: adaseb on December 09, 2019, 01:39:38 AM

Being an affiliate marketer for a bitcoin casino and being a bankroll investor are basically 2 completely different forms of profit. Usually a person does one or the other and not both.

Not only that. One means investing time and effort, one means investing actual money. I would say the risk is far far bigger in the bankroll investing.

I have had experience in this, and when profits are good, you benefit, but you have to be patient to allow losses to recover because there will always be times when players win big against the casino. But you are right you have to absolutely place trust, if you even have one doubt, do not invest. Keeping money in someone else's pocket is bad enough as a risk but with no insurance whatsoever?

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Quote from: adaseb on December 09, 2019, 01:39:38 AM

Sure it is very easy to just provide a casino bankroll but keep in mind you are taking a huge risk if the casino goes bust, runs off with funds, some large whale cleans out the bankroll, etc. But generally there is little work involved, you just set it and forget it.

Investment always comes with the risk but bankroll investment on a casino comparatively has less risk of goes bankrupt, only thing we need to see before investing huge amount on casino is their reputation and duration of their existence also so you can avoid your fun theft.

shoreno

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Quote from: adaseb on December 09, 2019, 01:39:38 AM

Being an affiliate marketer for a bitcoin casino and being a bankroll investor are basically 2 completely different forms of profit. Usually a person does one or the other and not both.

Each of them carry a different set of risks and amount of time spent to make profit. Sure it is very easy to just provide a casino bankroll but keep in mind you are taking a huge risk if the casino goes bust, runs off with funds, some large whale cleans out the bankroll, etc. But generally there is little work involved, you just set it and forget it.

An affiliate referral marketer is more involved but less risk, generally there is little upfront cost involved. Say you just run a signature campaign with your affiliate link, all you need to do is be active on the forum, which costs you nothing but your time. Some other affiliate markets use Google organic traffic to generate visitors and those might cost some money but its generally considered low risk.

So both have each their pros and cons.

true both are different acts but both have the same agenda and that is to provide a profit .

why do one when you can always do both ? in that way you can earn double profits . afliate one is not risky but less likely that your going to profit because its not easy to find a people that can sign under your links but investing is always risky as it involves money but im sure that people will more likely invest than do an affliate because ive been on there before .

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Being an affiliate marketer for a bitcoin casino and being a bankroll investor are basically 2 completely different forms of profit. Usually a person does one or the other and not both.

Each of them carry a different set of risks and amount of time spent to make profit. Sure it is very easy to just provide a casino bankroll but keep in mind you are taking a huge risk if the casino goes bust, runs off with funds, some large whale cleans out the bankroll, etc. But generally there is little work involved, you just set it and forget it.

An affiliate referral marketer is more involved but less risk, generally there is little upfront cost involved. Say you just run a signature campaign with your affiliate link, all you need to do is be active on the forum, which costs you nothing but your time. Some other affiliate markets use Google organic traffic to generate visitors and those might cost some money but its generally considered low risk.

So both have each their pros and cons.

theskillzdatklls

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While they often are different, they don't have to be different by any means. Imagine that you own 10% of the investment bankroll on MintDice. You'd by definition want the website to succeed because it would directly benefit you. You could compound your earnings then by also being an affiliate for MintDice and earning money both from recruits and by the recruits playing on the website at the exact same time as an investor.

I used to help promote many different dice websites myself in this exact same manner.

sana54210

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I wasn't mentioning how the investors could be affiliates, they are two different people.

One type of people is investors who just put up money into the website and financially support the website, the other one is an affiliate networker who brings in people with discounts and promotions and what not and give you extra bonuses whatever and they just get some cash back for the people who they brought and lost money. Those are two different people who help a casino in different ways, I personally think they are both very valuable for these type of casinos, hell people make millions of dollars from these two coming together.

Think about it, you have a company, ANY company and there is a guy who say that he has a customer for you that will buy something form you, another person says he will front the cost of the product, and you do basically nothing but run the company, it is a perfect combination of help and organization.

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Quote from: sana54210 on December 04, 2019, 06:37:33 AM

Quote from: theskillzdatklls on December 03, 2019, 02:23:22 AM

Part of the idealistic vision is to have very compelling games that speak/advertise for themselves among users, news outlets and communities. It's also a reason we like the idea of having an investment bankroll; so that investors have a reason to want to help advertise and promote MintDice as well.

Maybe affiliate could work wonders as well? You talked about the "investment" part making the advertisement for itself since the people who invest actually has a reason to advertise the website because they want to make money as well, same goes for something like affiliate where people would make money.

I don't know the technical details of it like how much you pay and what percentage etc etc but there are websites that does affiliate networking and they do pay out and I would assume it would work for you as well. Just investment is good enough as well but adding affiliate so that people would make money from marketing the website would be a great addition to it. Or maybe it wouldn't, I am not really knowledgeable about these things but it sounded pretty decent.

We launched our affiliate program back in August, anyone is welcome to use it to attract new users and help themselves to profits from gambling turnover that their recruits play. We also offer higher incentive packages for anyone that wants to use our affiliate links on their websites, depending on the quality of their domains.

So, yes, the ultimate goal for us will have some amount of advertising from:
100% provably fair/transparent games and play whenever possible
High quality games
100% unique first to market games
Skill gaming
Affiliate program
Investor bankroll incentives
.... And of course our marketing efforts ourselves through the signature campaign and other methods.

As I said earlier, if I could lower marketing spend to zero, I'd love to do that and instead spend that on the website development, if it is self-sustaining. For the time being, however, spreading awareness is the least we can do. And if it helps some BitcoinTalk members along the way with sig rewards, so be it Wink

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Quote from: sana54210 on December 04, 2019, 06:37:33 AM

Quote from: theskillzdatklls on December 03, 2019, 02:23:22 AM

Part of the idealistic vision is to have very compelling games that speak/advertise for themselves among users, news outlets and communities. It's also a reason we like the idea of having an investment bankroll; so that investors have a reason to want to help advertise and promote MintDice as well.

Maybe affiliate could work wonders as well? You talked about the "investment" part making the advertisement for itself since the people who invest actually has a reason to advertise the website because they want to make money as well, same goes for something like affiliate where people would make money.

But I don't think any serious investor who invested huge amount may not be a part of affiliate marketing or they just don't have enough time for that so it is the responsibility of the site to make marketing to survive because more and more gambling sites are popping up everyday.

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Quote from: theskillzdatklls on December 03, 2019, 02:23:22 AM

Part of the idealistic vision is to have very compelling games that speak/advertise for themselves among users, news outlets and communities. It's also a reason we like the idea of having an investment bankroll; so that investors have a reason to want to help advertise and promote MintDice as well.

Maybe affiliate could work wonders as well? You talked about the "investment" part making the advertisement for itself since the people who invest actually has a reason to advertise the website because they want to make money as well, same goes for something like affiliate where people would make money.

I don't know the technical details of it like how much you pay and what percentage etc etc but there are websites that does affiliate networking and they do pay out and I would assume it would work for you as well. Just investment is good enough as well but adding affiliate so that people would make money from marketing the website would be a great addition to it. Or maybe it wouldn't, I am not really knowledgeable about these things but it sounded pretty decent.

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Quote from: davinchi on November 30, 2019, 02:59:47 PM

Mintdice or any crypto casino is not a coca cola level tho? I mean coca cola is basically all around the world and even people who do not drink it knows its existence and that is what matters when you make a marketing for a company as big as that, you just want to keep reminding people that you exist and that's it.

If coca cola stopped advertising today they still would sell and yes in couple generations at max people would move to other places, yet when it comes to mintdice or any place, even the big ships like stake, if stopped and not doing anything they may end up losing their customers much MUCH faster, inside one generation, WE would move to other places. So I am not entirely sure if signature campaign is the best way to go about marketing or not.

The reality is that bitcoin in general is not known as much as some companies, look at google or apple for example, even when you want to look up bitcoin online you use google most of the time, which means they do not need the type of marketing bitcoin itself needs. Now, we are even more niche, because we are talking about a casino in bitcoin world which is a niche part of something niche, and we are talking about a new one that is not as old as some of its competitions as well. So of course, marketing will be different.

However, do not forget that even the oldest ones are doing the same sort of marketing to stay alive, so I see no problem with mintdice signature or mintdice contest or mintdice promotions because all lead to more users for mintdice and that is awesome for all of us involved, even just the gamblers.

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Quote from: theskillzdatklls on December 03, 2019, 02:23:22 AM

Quote from: adaseb on December 03, 2019, 02:05:12 AM

Quote from: Bitinity on November 30, 2019, 11:38:07 PM

Quote from: davinchi on November 30, 2019, 02:59:47 PM

Quote from: leea-1334 on November 28, 2019, 01:27:45 AM

snip..

snip..
But that said, as a newer site, if we don't spread awareness with some form of marketing, people will have a hard time even knowing we exist.

the times are different.. some products do not need to advertise at this time are products that have been around for a long time (average over 20 years). I totally agree with @theskillzdatklls if they don't do advertising/marketing then most likely people will not know the existence of this gambling site because this site is still relatively new.

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Quote from: adaseb on December 03, 2019, 02:05:12 AM

Quote from: Bitinity on November 30, 2019, 11:38:07 PM

Quote from: davinchi on November 30, 2019, 02:59:47 PM

Quote from: leea-1334 on November 28, 2019, 01:27:45 AM

If Coca cola stopped promoting and making advertisement,,, people will not forget them rightaway but eventually, after a generation is gone, or two generations, people will forget. And that is for a brand that is a first mover and well established.

At the same time, you have to also make sure the participants are of high quality,,, otherwise you get associated with spammers and that is not good for any brand. In gambling? Especially not good.

Mintdice or any crypto casino is not a coca cola level tho? I mean coca cola is basically all around the world and even people who do not drink it knows its existence and that is what matters when you make a marketing for a company as big as that, you just want to keep reminding people that you exist and that's it.

If coca cola stopped advertising today they still would sell and yes in couple generations at max people would move to other places, yet when it comes to mintdice or any place, even the big ships like stake, if stopped and not doing anything they may end up losing their customers much MUCH faster, inside one generation, WE would move to other places. So I am not entirely sure if signature campaign is the best way to go about marketing or not.

Yes sure it is not apple to apple comparison but in case of marketing strategies then I can say that the marketing strategy of well known product like coca cola, samsung, etc which is good to be used example. They knows that they are big brand already but they still do many marketing and advertising because it is good for the product as part of competition to other similar product. Surely big brand product may lose their customers if they stop advertising while other brands are doing big advertising regularly. In this case, signature campaign is just a way of many other marketing ways so mintdice should also consider other marketing strategies.

This is actually not true. There are many brands out there that are very successful and they almost never advertise. A few I can think of is the car brand Rolls Royce and maybe that Donut place called Krispy Kreme. Their general way of advertisement is pretty much word of mouth .

So thats why some very successful and old bitcoin casinos like Primedice don't really need to advertise that much because everybody knows about PD pretty much from word of mouth.

Another example can be Bitcoin itself. You generally never see advertisements for it. You see advertisements for altcoins or bitcoin exchanges or wallets but Bitcoin is almost never advertised.

MintDice is different because its fairly new and if they build a customer base then in a few years they can get away without advertising and just rely on word of mouth, however since they are starting out then should invest some in marketing.

Generally speaking adaseb I agree with what you have said, I think it is always the best solution to minimize advertising when possible and spend that time and money instead on developing a superior product. Doing so just has more overall benefits to everyone. But to some extent, no marketing is nearly impossible as you've noted.

Part of the idealistic vision is to have very compelling games that speak/advertise for themselves among users, news outlets and communities. It's also a reason we like the idea of having an investment bankroll; so that investors have a reason to want to help advertise and promote MintDice as well.

But that said, as a newer site, if we don't spread awareness with some form of marketing, people will have a hard time even knowing we exist.

adaseb

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Quote from: Bitinity on November 30, 2019, 11:38:07 PM

Quote from: davinchi on November 30, 2019, 02:59:47 PM

Quote from: leea-1334 on November 28, 2019, 01:27:45 AM

If Coca cola stopped promoting and making advertisement,,, people will not forget them rightaway but eventually, after a generation is gone, or two generations, people will forget. And that is for a brand that is a first mover and well established.

At the same time, you have to also make sure the participants are of high quality,,, otherwise you get associated with spammers and that is not good for any brand. In gambling? Especially not good.

Mintdice or any crypto casino is not a coca cola level tho? I mean coca cola is basically all around the world and even people who do not drink it knows its existence and that is what matters when you make a marketing for a company as big as that, you just want to keep reminding people that you exist and that's it.

If coca cola stopped advertising today they still would sell and yes in couple generations at max people would move to other places, yet when it comes to mintdice or any place, even the big ships like stake, if stopped and not doing anything they may end up losing their customers much MUCH faster, inside one generation, WE would move to other places. So I am not entirely sure if signature campaign is the best way to go about marketing or not.

Yes sure it is not apple to apple comparison but in case of marketing strategies then I can say that the marketing strategy of well known product like coca cola, samsung, etc which is good to be used example. They knows that they are big brand already but they still do many marketing and advertising because it is good for the product as part of competition to other similar product. Surely big brand product may lose their customers if they stop advertising while other brands are doing big advertising regularly. In this case, signature campaign is just a way of many other marketing ways so mintdice should also consider other marketing strategies.

This is actually not true. There are many brands out there that are very successful and they almost never advertise. A few I can think of is the car brand Rolls Royce and maybe that Donut place called Krispy Kreme. Their general way of advertisement is pretty much word of mouth .

So thats why some very successful and old bitcoin casinos like Primedice don't really need to advertise that much because everybody knows about PD pretty much from word of mouth.

Another example can be Bitcoin itself. You generally never see advertisements for it. You see advertisements for altcoins or bitcoin exchanges or wallets but Bitcoin is almost never advertised.

MintDice is different because its fairly new and if they build a customer base then in a few years they can get away without advertising and just rely on word of mouth, however since they are starting out then should invest some in marketing.

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Quote from: davinchi on November 30, 2019, 02:59:47 PM

Quote from: leea-1334 on November 28, 2019, 01:27:45 AM

If Coca cola stopped promoting and making advertisement,,, people will not forget them rightaway but eventually, after a generation is gone, or two generations, people will forget. And that is for a brand that is a first mover and well established.

At the same time, you have to also make sure the participants are of high quality,,, otherwise you get associated with spammers and that is not good for any brand. In gambling? Especially not good.

Mintdice or any crypto casino is not a coca cola level tho? I mean coca cola is basically all around the world and even people who do not drink it knows its existence and that is what matters when you make a marketing for a company as big as that, you just want to keep reminding people that you exist and that's it.

If coca cola stopped advertising today they still would sell and yes in couple generations at max people would move to other places, yet when it comes to mintdice or any place, even the big ships like stake, if stopped and not doing anything they may end up losing their customers much MUCH faster, inside one generation, WE would move to other places. So I am not entirely sure if signature campaign is the best way to go about marketing or not.

I just said that they are a first mover and well established brand, and yet even they have to keep advertising. You should read what people write in full. If a first mover like Coca Cola has to remind people they are around by advertising constantly,,, then of course it means that advertising still has its importance, and what more for a brand that is trying to make a name for itself.

If you do not think signature campaign works, try to think what are the campaigns you recognize most in the forum. And ask how you came to know about all these new sites from the forum:)

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Quote from: AakZaki on November 28, 2019, 01:23:49 PM

I want to ask about this Mintdice gambling platform, here I am trying to register and already have an account on this Mintdice platform, just why when I first entered the game it felt heavy like loading and in my opinion it's not good. not like gambling platforms in general. is the mintdice team giving an explanation about this?

Our performance times are not the best overall, it's part of a major 2.0 version we are trying to release around March/April 2020. That will solve many issues, ideally including performance problems.

As for why this is a thing, we are trying to make very high quality provably fair games which is a very difficult task to do, because among other issues, you may run into high load issues. With enough talent, resources and time we can eventually solve this issue.

Quote from: Arkann on November 29, 2019, 11:22:17 AM

Hello . Please tell me, and if I use my referral link and attract new users to your resource, then what bonuses can I use due to such actions? I apologize for the possibly stupid question, but I'm still just studying your resource.

You will receive risk free commissions on all gambling bets that your new users make. The more money they bet, the more money that we automatically will credit to your account. If you plan on advertising us on a website domain that you own, you can send me a direct message and I can try to set you up with a better deal depending on the quality of your website.

Quote from: zhekinsp on November 29, 2019, 11:24:19 AM

Quote from: AakZaki on November 28, 2019, 01:23:49 PM

I want to ask about this Mintdice gambling platform, here I am trying to register and already have an account on this Mintdice platform, just why when I first entered the game it felt heavy like loading and in my opinion it's not good. not like gambling platforms in general. is the mintdice team giving an explanation about this?

I felt the same thing when I started using mintdice then realize that it was due to their animation effects and especially sounds, try to do the same thing after disable sounds then you may feel slightly faster game experience.

Quote from: Arkann on November 29, 2019, 11:22:17 AM

Hello . Please tell me, and if I use my referral link and attract new users to your resource, then what bonuses can I use due to such actions? I apologize for the possibly stupid question, but I'm still just studying your resource.

I read somewhere that mintdice signature campaign participants are not allowed to use referral links so if you are a part of campaign you should not do this or you willingly to wear mintdice signature with your referral link then you have possibility to earn depends on their bet amount which house takes.

Disabling animations/sounds is one good way of solving the loading issue... All depends on what type of gaming experience you are going for or what your device can handle.

If you are participating in the signature campaign, you are not allowed to use a referral link. If you are not part of the referral campaign, you are welcome to use our signature and our referral link and try to generate revenue for yourself that way

davinchi

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Quote from: Bitinity on November 30, 2019, 11:38:07 PM

Quote from: davinchi on November 30, 2019, 02:59:47 PM

--snip--

Yes sure it is not apple to apple comparison but in case of marketing strategies then I can say that the marketing strategy of well known product like coca cola, samsung, etc which is good to be used example. They knows that they are big brand already but they still do many marketing and advertising because it is good for the product as part of competition to other similar product. Surely big brand product may lose their customers if they stop advertising while other brands are doing big advertising regularly. In this case, signature campaign is just a way of many other marketing ways so mintdice should also consider other marketing strategies.

Yes, but it is also a bad example because one is trying to do marketing to stay alive so that people don't forget them, coca cola or whatever makes advertisements to be remembered.

Mintdice or any other casino is not doing marketing to be remembered, they are doing it to be known, those are two veeeeery different things. The thing is mintdice is doing signature campaign to be known, not to be remembered and keep it in peoples minds, coca cola is already known, when they do advertisement they are doing it to people who already drink coca cola.

I still agree signature campaign is also decent in both aspects, both a very very well known casino and also have customers in hundreds yet they do marketing whereas mintdice is not like that but do the same marketing, so signature campaign is working for both of that.

Bitinity

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Quote from: davinchi on November 30, 2019, 02:59:47 PM

Quote from: leea-1334 on November 28, 2019, 01:27:45 AM

If Coca cola stopped promoting and making advertisement,,, people will not forget them rightaway but eventually, after a generation is gone, or two generations, people will forget. And that is for a brand that is a first mover and well established.

At the same time, you have to also make sure the participants are of high quality,,, otherwise you get associated with spammers and that is not good for any brand. In gambling? Especially not good.

Mintdice or any crypto casino is not a coca cola level tho? I mean coca cola is basically all around the world and even people who do not drink it knows its existence and that is what matters when you make a marketing for a company as big as that, you just want to keep reminding people that you exist and that's it.

If coca cola stopped advertising today they still would sell and yes in couple generations at max people would move to other places, yet when it comes to mintdice or any place, even the big ships like stake, if stopped and not doing anything they may end up losing their customers much MUCH faster, inside one generation, WE would move to other places. So I am not entirely sure if signature campaign is the best way to go about marketing or not.

Yes sure it is not apple to apple comparison but in case of marketing strategies then I can say that the marketing strategy of well known product like coca cola, samsung, etc which is good to be used example. They knows that they are big brand already but they still do many marketing and advertising because it is good for the product as part of competition to other similar product. Surely big brand product may lose their customers if they stop advertising while other brands are doing big advertising regularly. In this case, signature campaign is just a way of many other marketing ways so mintdice should also consider other marketing strategies.

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